The $20K Mistake That Kills House Flips скачать в хорошем качестве

The $20K Mistake That Kills House Flips

🏠 Don't Over-Rehab : My latest podcast on estimating repairs and avoiding hidden costs:    • First Deal Podcast #7 - The 3 Contingencie...   🚀 Invest with $1 : Watch how I eliminate guesswork and risk across 34 states:    • Locked Up Properties with $1 Zero Risk   I lost $20,000 in profit on a single flip because I skipped one critical step during my walkthrough. Here's the 5-step rehab estimation framework I use now to catch expensive surprises before they destroy your margins, with real 2025 contractor pricing and contingency formulas. 💬 What's the most expensive surprise you've hit on a rehab? Drop it in the comments. Some links may be affiliate links. I only recommend tools I actually use. ⏱️ TIMESTAMPS: 0:00 - Hook: $40K Deal Gone Wrong 1:16 - The 5-Step System Overview 1:45 - Level 1: Cosmetic Rehab 2:34 - Level 2: Medium Rehab 3:00 - Level 3: Full Gut Rehab 3:46 - The 4 Budget-Killing Systems 4:04 - System 1: Roof 4:26 - System 2: HVAC 4:57 - System 3: Electrical 5:39 - System 4: Plumbing 6:11 - The $20K Mistake Revealed 7:07 - Step 1: Home Inspection 7:28 - Step 2: 3 Contractor Bids 7:58 - How to Get Free Bids 8:42 - The Contingency Rule 9:20 - Contingency: Real Numbers 10:31 - Hidden Cost 1: Permits 10:49 - Hidden Cost 2: Holding Costs 11:21 - Hidden Cost 3: Demo & Dumpsters 11:38 - Hidden Cost 4: Punch List 12:04 - Hidden Cost 5: Over-Improving 12:41 - Recap + Key Takeaways 14:07 - Subscribe + Next Steps #realestateinvesting #houseflipping #rehabcosts #wholesaling Estimating rehab costs accurately is the difference between profitable flips and expensive lessons. This video breaks down the three levels of renovation (cosmetic at $15-25/sqft, medium at $25-50/sqft, full gut at $60-100+/sqft) with real calculator math, the four major systems that destroy budgets when missed (roof, HVAC, electrical, plumbing), how to get contractor estimates without paying upfront, and the contingency percentages that protect your profit margin. Whether you're analyzing your first flip or refining your process after hundreds of deals, this framework catches the surprises hiding in crawl spaces, behind walls, and inside old electrical panels before they catch you. ------- Learn real estate investing from a former Marine who's coached 400+ students, invested across 34 states, and raised $10M+ in private capital. Wholesaling, flipping houses, or building rentals with BRRRR - REI Automated is the ONLY end-to-end solution built by an active investor who closes deals while coaching his son's baseball team. ✅ AI-analyzed motivated seller leads & off-market deals ✅ Real estate CRM with 389 built-in automations ✅ Deal analysis for wholesaling, fix and flip, buy and hold ✅ Courses on creative financing, subject to, raising private money ✅ Daily support calls and 1-on-1 REI coaching ✅ Systems to scale and automate your REI business New here? Start below. Ready to scale? We'll show you how. ❤️ FOLLOW ME ON SOCIALS: ✅ Facebook -   / keith.gillispie   ✅ Instagram -   / keithg_rei   CLIENT RESULTS:    • REI Automated Client Profit Highlights   WHAT WE OFFER:    • How I Made $150,000 With Just 1 Hour a Day!   FREE COURSE (watch 5 min first): https://playbook.reiautomated.io/?sou... #RealEstateInvesting #Wholesaling #CreativeFinancing #BRRRR #REIAutomated